HMRC launched the One to Many (OTM) Letter Campaign to identify and collect taxes on undeclared income from
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Avoid Taxman Rain On Your Short-Term Letting Income
Income from Short-Term Property Letting
Declare your income from short-term property letting to HMRC before their One to Many (OTM) Letter Campaign catch you.
Where to start? Our experts will guide you.
Why Care about Short Term Property Letting!
HMRC's Short Term Property Letting Campaign Highlights
The objective of this campaign is to detect individuals who might have earned income from short-term property rentals but did not disclose it in their tax filings.
Why Choose Us
We are specialist accountants and tax advisers for your property business! The service delivered by our qualified and experienced team is tailored as per your needs. Our accomplished tech-embedded service with exceptional property tax insight makes us stand out from the rest.
Our process
How We Work
An OTM letter can be a serious matter, with potentially severe consequences for non-compliance. Our team understands the complexity of these situations and can provide you with the guidance and support you need to resolve the matter as quickly and smoothly as possible.
See How We Helped!
You're in good company
martha Jones
Landlord
£2,446 Saved!
Martha, a landlord with two short-term rentals, received an OTM letter from HMRC for £55,000 in unreported rental income in 2021/22.
We helped her complete a "Certificate of Tax Position" and suggested using the Rent a Room Relief scheme to earn £7,500 tax-free. This reduced her taxable rental income to £47,500, lowering her tax bill to £6,986, saving £2,446 from the previous £9,432.
Shawn parker
Consultant
£7,500 Tax Free Income!
Shawn, a self-employed consultant, earned £8,000 from renting out his home on Airbnb while away on business trips during the tax year.
We advised him on his tax obligations and explained to him how he might take advantage of the Rent a Room Relief scheme. With this scheme, he could earn up to £7,500 without having to pay any taxes on it, and he would only have to pay taxes on the remaining £500.
Jessica Sanders
Airbnb Host
£3,946 Saved!
Jessica earns £60,000 from her three Airbnb rentals as a full-time host. She worried about minimising her tax liability and following all tax laws. We helped Jessica claim all deductions and costs.
We were able to reduce her taxable rental income to £50,000. Based on this figure, she owed £7,486 in taxes, which we helped her to pay in a timely manner. This allowed her to save £3,946.
Here is our awesome team
At UKPA, it is done by a team of people evolved from different walks of life. Trained and experienced in property and real estate tax, accounting and compliance matters, most of them are qualified as Chartered Accountants, Chartered Tax Advisers or Chartered Financial Analyst.
Lisha Shrestha
Lisha acquires a professional degree in Associate of certified chartered accountant degree. Lisha has a significant years of experience in auditing, accounting.
Merisha Shrestha
Merisha holds an Association of Chartered Certified Accountant (ACCA) degree with over 5 years of experience in auditing, accounting and compliance fields.
Prasun Shrestha
Prasun is a Chartered Accountancy student with strong analytical and problem-solving skills, experienced in dealing with UK clients.
Alisha Shrestha
Alisha has recently completed her ACCA degree. Besides, she is pursuing academic bachelor’s degree in Business Studies and is on her final year.
Our Blogs
Read Our Short-Term Letting Articles
HMRC Tax Investigation – 10 Reasons HMRC Might Audit Your Tax Return
You might be wondering how or why your tax return was picked by HMRC Tax Investigation. What is
Tax on Airbnb Income
Airbnb hosting has become popular in recent years with increasing number of landlords in London and outside London
Contact us
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About Us
UK Property Accountants is a leading firm of chartered certified accountants and chartered tax advisers specialising in the property and real estate sector with an office in London.
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